Place the rice and water in a saucepan over medium heat and bring to the boil. Cook for 10 minutes or until almost all of the water has been absorbed. Add the coconut milk and sugar and stir to combine. Reduce the heat to low, cover with a tight-fitting lid and cook for a further 5–8 minutes or until the rice is cooked.
Place the honey and vanilla bean and seeds in a small saucepan over low heat. Cook for 3 minutes and set aside to cool. Remove the vanilla bean. Serve the rice warm or cold, topped with the nectarines, peaches and vanilla honey. Serves 6.